Madison Technologies Inc. (MDEX) Gross Profit (2016 - 2023)
Madison Technologies' (MDEX) quarterly Gross Profit came in at $6.7 million in Q1 2023, up 12811.86% year-over-year from N/an in Q1 2022, and up 12811.86% quarter-over-quarter from -$52668.0 in Q1 2022.
Analysis
Madison Technologies Inc. (MDEX) Gross Profit (2016 - 2023) Analysis & Trends
Madison Technologies has disclosed Gross Profit across 8 years of filings, most recently posting $6.7 million for Q1 2023.
- In Q1 2023, Gross Profit rose 12811.86% year-over-year to $6.7 million; the TTM figure through Sep 2023 stood at $6.7 million (changed N/A YoY), while the FY2020 annual figure was $578.0, down 69.61% from the prior year.
- Gross Profit came in at $6.7 million for Q1 2023 at Madison Technologies, up from -$52668.0 in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $6.7 million in Q1 2023 to a low of -$52668.0 in Q1 2022.
- Average Gross Profit over 5 years is $813162.5, with a median of $378.0 recorded in 2019.
- Year-over-year, Gross Profit soared 2345207.41% in 2021 and slumped 101.66% in 2022.
- Over 5 years, Gross Profit stood at $431.0 in 2019, then tumbled by 58.93% to $177.0 in 2020, then soared by 262062.71% to $464028.0 in 2021, then plunged by 111.35% to -$52668.0 in 2022, then jumped by 12811.86% to $6.7 million in 2023.
- Per Business Quant data, the three most recent Gross Profit figures were $6.7 million in Q1 2023, -$52668.0 in Q1 2022, and $464028.0 in Q3 2021.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 6.70 Mn |
| Mar 31, 2022 | -52,668.00 |
| Sep 30, 2021 | 464,028.00 |
| Jun 30, 2021 | 296,025.00 |
| Mar 31, 2021 | 3.17 Mn |
| Dec 31, 2020 | 177.00 |
| Sep 30, 2020 | 179.00 |
| Jun 30, 2020 | 86.00 |
| Mar 31, 2020 | 135.00 |
| Dec 31, 2019 | 431.00 |
| Sep 30, 2019 | 900.00 |
| Jun 30, 2019 | 378.00 |
| Mar 31, 2019 | 193.00 |
| Dec 31, 2018 | -127.00 |
| Sep 30, 2018 | 590.00 |
| Jun 30, 2018 | 589.00 |
| Mar 31, 2018 | 847.00 |
| Dec 31, 2017 | 268.00 |
| Sep 30, 2017 | 658.00 |
| Jun 30, 2017 | 374.00 |